Capital Market Line is firstly initiated by

A. Mohsin
B. Linter
C. Markowitz
D. William Sharpe
✅ The correct answer is option D.
Capital Market Line is firstly initiated by William Sharpe. The capital market line (CML) represents portfolios that optimally combine risk and return. Capital asset pricing model (CAPM), depicts the trade-off between risk and return for efficient portfolios.

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